Even if you're covered, uninsured and underinsured drivers still pose serious financial risks to insured drivers. Recent data from Insurance Research Council shows that in the event of an accident, there is a one in eight chance that the driver is uninsured!
In some states, that number is one out of five.
Every state apart from New Hampshire, and the District of Columbia require drivers to have auto liability insurance to drive legally, but according to the IRC, the number of uninsured motorists is up for the first time in seven years, posing a serious threat to insured drivers.
In the event of an accident with an uninsured or underinsured driver, they may not have enough — or any — insurance coverage to pay for your medical bills if you are injured, or repair any damage to your vehicle. Luckily, there are tactical ways to protect yourself from uninsured or underinsured motorists.
Accidents happen, and in the event of a collision with an uninsured driver, the claims process can be even more costly. Protect yourself with these three insurance options:
To ensure your safety in case of an accident this year, talk to your local IMT Agent today about your coverages!
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